: Asian markets rebounded on Monday while the rally in European markets fizzled out as investors bet that world governments and central banks would announce stimulus packages to support a global economy impacted by the coronavirus.
A rally on European markets fizzled out mid-morning on Monday with London's FTSE 100 up 0.42% mid-morning on Monday, while the Euro Stoxx 50 was down 0.42%. The Bank of Japan’s governor Haruhiko Kuroda said the central bank would “strive to provide ample liquidity and ensure stability in financial markets through appropriate market operations and asset purchases.”
But HOW can the market ALREADY REBOUND on a 'bet' made by Central Banks when NO ONE...NOT EVEN MEDICAL OFFICIALS fully know the ramifications of this virus? 🤷🏽♂️ WOW🤦🏽♂️IT REALLY BOGGLES MY MIND to know there are egotistical people who deem themselves 'experts,' but act as rookies!
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